The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

Givaudan maintains mid-term targets after slight earnings beat

Published Fri, Oct 9, 2015 · 05:46 AM
Share this article.

[ZURICH] Swiss flavours and fragrance maker Givaudan on Friday maintained its financial targets as sales fell less than expected in the nine months to September.

The company said in a statement it still expects annual organic sales growth of 4.5-5.5 percent for the five years through to 2015.

Givaudan, which makes fragrances for Dior and Prada, said sales fell 0.5 per cent to 3.296 billion Swiss francs (S$4.8 billion), slightly above the average estimate for 3.285 billion francs in a Reuters poll.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here